92013 Application for Multifamily Housing Project

OMB No. 2502-0029
(Exp. 07/31/2014)

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

Application for Multifamily
Housing Project
See Instructions on page 7

Public reporting burden for this collection of information is estimated to average 2 hours per response, including the time for reviewing instructions,
searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of info rmation. This is part of the
basic application package for insured mortgages for construction of rental housing projects. This is a requirement under Secti on 207(b) of the National
Housing Act (Public Law 479, 48 Stat. 1246, 12 U.S.C., 1701 et. seq.), authorizing the Secretary of HUD to insured mortgages. The information will be used
by the Department to analyze specific information to determine the feasibility of a proposed multifamily project and mortgagor/ contractor acceptability. The
information is required to obtain benefits.
Privacy Act Notice - The United States Department of Housing and Urban Development, Federal Housing Administration, is authorized to solicit the
information requested in this form by virtue of Title 12, United States Code, Section 1701 et. seq., and regulations promulgate d thereunder at Title 12, Code of
Federal Regulations. The Housing and Community Development Act of 1937, 42 U.S.C., 3543 authorizes HUD to collect Social Secur ity Numbers (SNN).
Providing the SSN is mandatory for the sponsor, mortgagor, borrower, and the owner. Failure to provide SSN could result in dis approval of participation in
this HUD program and/or display action on the proposal. Submission of the SSN by all other participants is voluntary. While n o assurances of confidentiality
is pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information request. This agenc y may not conduct or
sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB co ntrol number.
Section A – Project Identification
1. Name of Project

2. HUD Project Number (Mortgage Ins. or Sec. 202)

3. HUD Project Number (Section 8)

Section B – Purpose of Application
To: The Assistant Secretary for Housing-Federal Housing Commissioner: Application is being made pursuant to Item (a):
1,
2,
3 of Section M,
Page 3 hereof. The undersigned desire(s) to participate, with respect to the Property and Program(s) described below. Therefore
, it is requested that you give consideration
to the information presented herein, for the purpose of loaning and/or approving:
Mortgage Insurance: Section; ___________________________________

Mortgagor:

PM

a Feasibility Letter (Rehab.)

Direct Loan Section 202

Financing:

Conventional

NP

a SAMA Letter (New Const.)

Housing Asst. Pymnts. Sec. 8

LD

B-S

Other __________________

GNMA

Bond

State Agency

Other ____________________________________________

a Conditional Commitment

a Preliminary Proposal

Mortgage/Loan Amount: $__________________________________________

a Firm Commitment

a Final Proposal

Interest Rate:

Permanent __________ %

Construction __________ %

Section C – Location and Description of Property
1. Street Address

2. Municipality

6. Type of Project:

Proposed
Existing

7. Number of Units:

8. No. of Buildings

Rehabilitation
Year Built: ______

4. State and Zip Code

9. List Accessory Buildings

Revenue: _____________
Non-Revenue: _________
Total: ________________
0

11. Type of Buildings

Elevator
Detached

3. County

Area

12. No. of Stories

13. No. of Elevators

Walkup
Row (T.H.)
Semi-Detached

15. Structural System

16. Floor System

5. Congressional Dist.

10. List Recreation Facilities

Sq. Ft.

Area

14. Type of Foundation

Slab on Grade
Full Basement
17. Exterior Finish

Sq. Ft.

18. Heating System

Crawl Space

Partial Bsmt.

19. Air Conditioning System

Section D – Information Concerning Land or Property
1. Date (mm/dd/yyyy) 2. Price

Acquired
Optioned

Purchase
Option
$

7. Site Area

3. Additional Cost
Paid or Accrued
(attach a cost
breakdown)

4. Total Cost

5. Outstanding
Balance

$

$

$

8. Zoning (If recently changed, submit evidence)

Sq. Ft.

Previous editions are obsolete.

6. Relationship Between Seller and Buyer, Business,
Personal or Other

9. If leasehold, show annual ground rent

lease term, remaining years

$

Page 1 of 8

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Section D (Continued) – Information Concerning Land or Property
10. Off-Site Facilities: Public
Water

Comm.

At Site Feet from Site
_________ ft.

11. Unusual Site Features
None
Poor Drainage

12. Special Assessments
a.
Prepayable
Non-prepayable

Sewer

_________ ft.

Cuts

Retaining Walls

b. Principal Balance

$____________

Paving

_________ ft.

Fill

Rock Foundations

c. Annual Payment

$____________

Gas

_________ ft.

Erosion

High Water Table

d. Remaining Terms ___________ years.

Electrical

_________ ft.

Other _____________________________

Section E – Estimate of Income
No. of
Living Units

Unit Type

No. of Units
Assisted

Living Area
(Sq. Ft.)

PBE Not in
Rent ($)
*(Sec. F-1)

Composition of Units

Unit Rent
per Mo. ($)

Total Monthly
Unit Rent ($)

0.00
0.00

0.00
0.00
0.00
Employee(s)
Liv. Unit(s)
Totals

0

2. Total Estimated Monthly Rentals for All Living Units $

0

3. Number of Parking Spaces

0.00

4. Parking and Other Income (Not Included in Rent)

Attended

0.00
Open Spaces ______________________ @ $ ___________ per month = $ ___________________
0.00
Covered Spaces____________________ @ $ ___________ per month = $ ___________________
0.00
Laundry _________________ Sq. Ft. or Living Units @ _________ per month = $ ______________
Other __________________________________________________per month = $ ______________
0
Total Ancillary Income $

Self Park
Total Spaces

0.00

5. Commercial Space (Describe)

0.00
Area-Ground Level _________________ sq. ft. @ $ _____________ per sq. ft./month = $ ___________________
0.00
Other Levels ______________________ sq. ft. @ $ _____________ per sq. ft./month = $ ___________________
6.

Total Estimated Monthly Gross Income at 100 Percent Occupancy $

0.00

Total Annual Rent (Item 6 times 12 months) $

0.00

7.
8. Gross Floor Area

0.00

Total Commercial $

Sq. Ft.

9. Net Rentable Residential Area

Sq. Ft.

Section F – Equipment and Services (Check Items Included in the Rent, Listed Below)
Services
Heat

Gas

Elect.

10. Net Rentable Commercial Area

Sq. Ft.

Section F-1 – Utilities (Not in Rent)

Equipment
Range and Oven

Carpet

Oil

*Personal Benefit Expenses (PBE)
Check Utilities and Services Not Included in the Rent

Microwave Oven

Drapes

Hot Water

Refrigerator

Swimming Pool

Cooking

Electricity

Heating

Gas

Laundry Facilities

Air Conditioning Equip.

Air Conditioning

Decorating

Repairs

Water

and Paid Directly by the Tenant.

In Common Area

Trash Compactor

Lights, etc., in Units

In Living Unit

Disposal

Cold Water

L.U. Hookup Only

Other

Other

✔ Other
Parking

Remarks

Remarks continued on additional page
Previous editions are obsolete.

Yes

No
Page 2 of 8

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Section G – Estimate of Replacement Cost
Land Improvements
1. Unusual Land Improvements
2. Other Land Improvements
3. Total Land Improvements
4.
5.
6.
7.
8.
9.
10.
11.

Section H – Annual Income Computations
1. Estimated Project Gross Income

$ ________________
$ ________________
0.00
$ _________________

0.00

(Line 7, Sec. E, Pg. 2)

$ ________________

2. Occupancy (Entire Project)

____________%

3. Effective Gross Income (Line 1 x Line 2)

0.00
$ ________________

0.00
Structures
4. Total Project Expenses (Line 30, Section I)
$ ________________
0.00
Main Buildings
$ ________________
5. Net Income to Project (Line 3 minus Line 4)
$ ________________
Accessory Buildings
$ ________________
6. Expense Ratio (Line 4 divided by Line 3)
____________%
Garage
$ ________________
Section I – Estimate of Annual Expense
All Other Buildings
$ ________________
Administrative
0.00
Total Structures
$ __________________
0.00 1. Advertising
$ ________________
Subtotal (Line 3 plus Line 8)
$ __________________
0.00 2. Management Fee (________%) $ ________________
General Requirements (Line 9 x __________%) $ __________________
0.00 3. Other
$ ________________
Subtotal (Line 9 plus Line 10)
$ __________________
0.00
4. Total Administrative
$ ________________
Fees

12.
13.
14.
15.
16.
17.
18.
19.
20.

0.00
Builder's General Overhead (Line 11 x _____%) $ _________________
0.00
Builder's Profit (Line 11 x _________%)
$ _________________
0.00
Subtotal (Sum of Lines 11 through 13)
$ _________________
Bond Premium
$
_________________
Other Fees
$
_________________
Estimated Total Cost of Construction
$ _________________
0.00
Architect's Fee–Desiign (Line 14 x ________%) $ _________________
0.00
Architect's Fee–Supervisory
(Line 14 x _____%) $ _____________
Total For All Improvements
0.00
(Sum of Lines 17 through 19)
$ _________________
21. Cost per Gross Square Foot
$ _________________
(Line 20 divided by Item 8, Section E)
2 Months
22. Construction Time _____ Months Plus 2 = _______
Charges and Financing During Construction
23. Interest on $ ____________ @ ___________%
for _______ Months
$ ________________
24. Taxes
$ ________________
25. Insurance
$ ________________
26. HUD/FHA Mtg. Ins. Pre. (0.5%) $ ________________
27. HUD/FHA Exam. Fee
(0.3%) $ ________________
28. HUD/FHA Insp. Fee
(0.5%) $ ________________
29. Financing Fee (__________%) $ ________________
30. Permanent Placement Fee (____________%) $ __________________
31. AMPO
(2.0%) $ ________________
32. Contingency (Sec. 202) (2.0%) $ ________________
33. Title and Recording
$ ________________
0.00
34. Total Charges and Financing
$ __________________

Operating
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.

Legal
$ ________________
Organization
$ ________________
Cost Certification Audit Fee
$ ________________
0.00
Total Legal, Organization and Audit Fee
$ _________________
Builder's and Sponsor's Profit and Risk
$ _________________
Consultant Fee (Nonprofit Only)
$ _________________
11,000,000.00
Supplemental Management Fund
$ _________________
Contingency Reserve (Rehabilitation Only)
$ _________________
Relocation Expenses (Rehabilitation Only)
$ _________________
Other
$ _________________
Total Estimated Development Cost
11,000,000.00
(Lines 20 + 34 + 38 through 44)
$ _________________
46. Land (Estimated Market Price of Site)
0.00
____________ sq. ft. @ $ __________ per sq. ft. $ _______________
47. Total Estimated Replacement Cost of Project
11,000,000.00
(Line 45 plus Line 46)
$ _________________
48. Average Cost per Living Unit
$ _________________
(Line 45 divided by Total in Sec. C, Item 7)
Previous editions are obsolete.

$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
$ ________________
0.00
$ ________________

Maintenance
15.
16.
17.
18.
19.
20.
21.
22.

23.
24.

Legal, Organization and Audit Fee
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.

Elevator Maintenance Exp.
Fuel – Heating
Fuel – Domestic Hotwater
Lighting and Misc. Power
Water
Gas
Garbage and Trash Removal
Payroll
Other
Total Operating

25.

26.
27.
28.
29.
30.
31.

Page 3 of 8

Decorating
$ ________________
Repairs
$ ________________
Exterminating
$ ________________
Insurance
$ ________________
Ground Expense
$ ________________
Other
$ ________________
0.00
Total Maintenance
$ ________________
Replacement Res.: New Const. = (.006 x Line 8,
Sec. G Total Struct.) Rehab = (.004 x Mort/Loan
Requested in Sec. M)
$ ________________
0.00
Subtotal Expenses (Sum of Lines 4, 14, 21 and 22) $ ________________
Real Estate: Est. Assessed Value
= $ _____________________
at $ ____________ per $1000 = $ ________________
Personal Prop. Est. Assessed Value
= $ _____________________
at $ ____________ per $1000 = $ ________________
Employee Payroll Tax
$ ________________
Other
$ ________________
Other
$ ________________
0.00
Total Taxes
$ ________________
0.00
Total Expenses (Line 23 plus Line 29)
$ ________________
Avg. exp. per unit per annum (PUPA)
(Line 30 divided by Total Item 7 Sec. C)
$ ________________

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Section J – Total Settlement Requirements
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.

Funds Available for Cash Requirements
11,000,000.00
_____________
15.
Source
of
Cash:
_____________
_____________
11,000,000.00 a. _______________________ $ _____________
b. _______________________ $ _____________
11,000,000.00
c. _______________________ $ _____________
$ _____________
0.00
Subtotal (a + b + c)
$ _____________
$ _____________
16.
Source
of
Fees
and
Grants:
$ _____________
a. _______________________ $ _____________
$ _____________
0.00
b. _______________________ $ _____________
$ _____________
c. _______________________ $ _____________
$ _____________
0.00
Subtotal (a + b + c)
$ _____________
$ _____________
17.
Total
Cash,
Fees
and
Grants
$ _____________
0.00
(Sum of Items 15 plus 16)
$ _____________
$ _____________

Development Costs (Line 45, Section G)
Cash Req. for Land Debt/Acquisition
Subtotal (Lines 1 plus 2)
Mortgage Amount $ _____________
Development/Cash (Lines 3 minus 4) +/Initial Operating Deficit
Discount Costs
Interest Yield Costs
Working Capital (2% of Mortgage Amount)
Min. Capital Investment (Sec. 202)
Off-Site Construction Costs
Non-Mortgagable Relocation Expenses
Other
Total Estimated Cash Required
(Sum of Lines 5 through 13)

$
$
$

Note: Line 17 must equal or exceed Line 14

11,000,000.00
$ _____________

Section K – Prinicipal Participants
1.

Sponsor,

Mortgagor,

Borrower,

Owner

Name

2. Name

Address (include zip code)

Address (include zip code)

Telephone Number (include Area Code)
3.

Consultant,

Agent,

SSN/EIN

Other Authorized Representative

Address (include zip code)

Telephone Number (include Area Code)

Name

SSN/EIN

4. General Contractor Name
Address (include zip code)

SSN/EIN (Optional)

5.Sponsor's Attorney Name

Telephone Number (include Area Code)

SSN/EIN (Optional)

6. Architect Name

Address (include zip code)

Telephone Number (include Area Code)

Telephone Number (include Area Code)

Address (include zip code)

SSN/EIN (Optional)

Telephone Number (include Area Code)

SSN/EIN (Optional)

Section L – Application (SAMA and Feasibility Letter)
A. The Undersigned certifies that: (1) He/She is legally authorized to represent the entity(ies) identified below with respect
to all transactions pertaining to this
application and all matters related to it; (2) Any and all action(s) by the undersigned is/are legally binding on the principal(s) and the entity(ies) being represented;
(3) He/She is familiar with the provisions of the regulations issued by the Department of Housing and Urban Development (HUD) p ursuant to the above-identified
Section (s) of the respective Housing Act(s); (4) To the best of his/her knowledge and belief, the entity(ies) identified below has/have complied, or will be able to
comply, with all the requirements of the regulations which are a prerequisite with respect to participation in the program(s) s elected; (5) The principal(s) of the
entity(ies) identified below are familiar with the specific provisions of the Right to Financial Privacy Act of 1978; (6) the p rincipal(s) is/are aware that disclosure of
certain financial information will be required by HUD in the course of processing this application; (7) That he/she has made a physical inspection of the property
and, in his/her opinion, the site plan submitted conveys a concept which can be reasonably followed in practice; (8) The propos
ed construction will not violate
recorded zoning ordinances or restrictions; (9) To the best of his/her knowledge and belief no information or data contained he
rein or in the exhibits or attachments
submitted herewith, are in any way false or incorrect and that they are truly descriptive of the project or property which is i ntended as security for the proposed
mortgage loan and/or is presented for consideration with respect to the request for approval of a Housing Assistance Payments C ontract.
B. The Undersigned assures and agrees that: (1) Pursuant to the regulations and the related requirements of HUD neither the ent
ity(ies) identified below nor anyone
authorized to act on its/their behalf, will decline to sell, rent or otherwise make available any of the property or housingthe
in project, identified herein, to a prospective
purchaser or tenant because of race, color, religion, sex, or national origin; (2) The entity(ies) identified below will comply with Federal, State and local laws and
ordinances prohibiting discrimination; and (3) Failure or refusal to comply with the requirements of either (1) or (2) shall co
nstitute sufficient basis for the
Commissioner to reject requests for future business with the identified entity(ies) or to take any other action that may be app ropriate.
C.

Herewith is a check for $____________________ in payment of the required fee for a SAMA letter.

Principal Contact

Signed

Date (mm/dd/yyyy)

Telephone Number (include Area Code)
On Behalf of:

Previous editions are obsolete.

Page 4 of 8

Sponsor,

Mortgagor,

Borrower,

Owner

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Section M – To The Federal Housing Commissioner
1. Request for Mortgage Insurance:
Request is hereby made for a
Conditional Commitment

Firm Commitment to provide mortgage insurance on a loan, which will involve:

Insurance of Advances During Construction
Insurance Upon Completion, with respect to a principal loan of $ ____________________ which will bear
interest at the rate of __________% on the Construction Loan and __________% on the Permanent Loan. The undersigned mortgagee requests consideration for
mortgage insurance pursuant to the provisions of Section ____________ of the National Housing Act, and the HUD regulations applicable thereto. Said insurance
is being requested to cover a loan which is to be secured by a first mortgage on the property described herein. After examining
the proposed security, the undersigned
considers such project to be desirable and is interested in making a loan in the principal amount and at the interest rate stat
ed above. The loan will require repayment
of the principal over a period of __________ months (__________ years) in accordance with an amortization plan acceptable to you. It is understood and agreed
that the actual financing fee (Item G-29) will not exceed __________% of your commitment amount. Presented herewith is a check for $ ____________________
which is in payment of the application fee required by HUD regulations.
2. Request for Approval of Housing Assistance Payments Contract (Section 8):
The undersigned owner requests your consideration with respect to approving a Housing Assistance Payments Contract pursuant toSection 8 of the U.S. Housing
Act of 1937, as amended, and the related regulations applicable thereto. Submitted herewith is a proposal which defines the sco pe of the improvements and the
type and quality of the housing which will be provided on the property described herein. Said property, upon completion of the improvements, will comply with the
applicable standards and related regulations of the Department of Housing and Urban Development. Such proposed housing is being offered for lease, to eligible
tenants at the stated contract rents, pursuant to the provisions of the regulations pertaining to the above-referenced U.S. Hou sing Act.
3. Request for a Section 202 Loan:
Principal Amount $ ____________________
@ Permanent Interest Rate of __________%
Pursuant to Section 202 of the Housing Act of 1959, as amended, and the regulations applicable thereto, the undersigned borrowe r hereby requests a loan in the
principal amount and at the interest rate stated above. The proceeds of the loan are to be used for development of the property desribed herein. The scope of the
development of the property will be consistent with that information pertaining to improvements, submitted for your considerati on. The loan is to be secured by a
first mortgage on the property described herein. The principal amount of the loan will be repaid over a period of __________ mo
nths (__________ years) in
accordance with an amortization plan acceptable to you.
Name and Address of Mortgagee

Principal Contact
Telephone Number (include Area Code)

Signed (Proposed Mortgagee) (Use with Item 1)

Previous editions are obsolete.

Date (mm/dd/yyyy)

Signed (Owner Item 2) (Borrower Item 3)

Page 5 of 8

Date (mm/dd/yyyy)

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Section N – Required Exhibits: Mortgage Insurance and Section 202 Direct Loan Applications
Item
Number

SAMA or
Feasibility1

Exhibit Title

1

Location Map

X

2

Legal Description of the Property

X

3

Evidence of Permissive Zoning

X

4

Sketch Plan of the Site

X

5

Evidence of Site Control (Option or Purchase)

X

6

Evidence of Last Arms-Length Transaction and Price, including a Certification by Sponsor that
evidence submitted in response to this Item reflects Last-Arms Length Purchase Price

X

7

Form VA-92010 – Equal Employment Opportunity Certification

8

Form 3433 – Eligibility as Nonprofit Corporation

X

Form HUD-2530 – Previous Participation Certificate

X

Form HUD-92013-E – Supplement to HUD-92013

X2

9
10
11

Conditional
Commitment

Firm
Commitment

X

X2

X2

Reserved

12

Affirmative Marketing Plan

X

13

Reserved

14

Grant and/or Loan Commitment Letter (if applicable)

15

Form HUD-92013 – Supp for Mortgagor Entity, if formed, each Principal of the
Sponsor, and the Mortgagor, and General Contractor

16
17

X

X

X5

X3

X

Certification Approving Release of Banking and Credit Information from all Parties required to
submit Form HUD-92013 – Supp

X5

X3

X

Fannie Mae form 1006, Request for Verification of Deposit, for each Bank Reference listed on
form HUD-92013 - Supp

X5

X3

X

18

If applicable, evidence that any delinquent Federal Debt has been satisfied

X5

X3

X

19

Form HUD-92417 – Personal Financial Statement for each individual involved as a Sponsor
and 3 years of Financial Statements and Supporting Schedules for Business Entities involved
as a Sponsor and General Contractor

X5

X3

X

X3

X

20

Personal and Commercial Credit Report for Mortgagor, if formed, each Principal Sponsor,
General Contractor, Housing Consultant (if Nonprofit Mortgagor), and required business
concerns in which principal sponsor has a principal ownership interest

21

Current Resume for each Principal Sponsor and General Contractor

22

Signed statement from each Principal Sponsor indicating their contractual and financial
relationship(s) with Mortgagor

X

X

23

Owner/Architect Agreement

X

24

Architectural Exhibits – Preliminary

X

25

Architectural Exhibits – Final

X

26

Form HUD-92328 – Contractor's and/or Mortgagor's Cost Breakdown

X

27

Certification identifying any Identity of Interest Relationships between the Mortgagor, General
Contractor and/or Architect

5

X

3

X3

X

X

28

Form HUD-92457 and Land Survey

X

29

Management Agreement

X

Notes:
1. Mortgage Insurance Applications Only.
2. For Handicapped and Elderly Projects Only.

3. If General Contractor is known – Otherwise submit with Firm Commitment Application.
4. Submit for Rehabilitation Projects only. Complete Sections A, B, C, D, E, F, G, H and I.
5. Applicable at this stage to Nonprofit Sponsors and Mortgagors only. Submit information on
General Contractor with Conditional/Firm Commitment Application.

Required Exhibits: Section 8 Housing Assistance Contract Applications
The Developer Packet which applies to the specific Notification of Fund Availability (NOFA) identifies the exhibits which are r
Proposal Applications.

equired with the Preliminary and Final

The Developer Packet is available at the HUD Field Office which issued the NOFA to which the application is responding.

Previous editions are obsolete.

Page 6 of 8

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Instructions for Completing Application – Multifamily Projects, Form HUD-92013
Items which are self-explanatory are not included.
Foreword: This Application is used for rental projects to request: (a) mortgage
insurance, (b) a direct loan under Section 202, or (c) a Section 8 Housing
Assistance Payments Contract. For mortgage insurance there are a maximum
of three stages: (1) a request for a Site Appraisal and Market Analysis letter
(SAMA letter) for new construction, or a Feasibility letter for a rehabilitation
project. (Application for a SAMA or Feasibility letter may be submitted directly
to a HUD Field Office by letter or in person); (2) an application for a Conditional
Commitment; and (3) for a Firm Commitment. Both (2) and (3) must be
submitted by an approved mortgagee to a HUD Field Office. For a direct loan,
under Section 202, this Application is submitted to a HUD Field Office at the
Conditional and Firm Commitment stages of processing. If Section 8 is
combined with an insured mortgage, the preliminary proposal processing may
be combined with SAMA or Feasibility stages of processing. The final proposal
is typically processed with the Firm Commitment Application in mortgage
insurance.
Except for Rehabilitation Proposals under Section 202, a sponsor may combine
two or three stages provided he/she has plans and exhibits that are sufficiently
completed.
If a stage of processing is omitted, the exhibits for that stage are submitted with
those required for the subsequent stage or stages.

Item 5—Congressional District may be obtained from the Congressional
Directory, Maps Of Congressional Districts.
Item 11—(a) Detached – A dwelling structure containing one living unit,
surrounded by permanent open spaces; (b) Semi-detached – A dwelling
structure containing two contiguous living units separated by a vertical division
termed a common, party, or lot wall; (c) Row or Townhouse – A non-elevator
structure containing three or more contiguous living units separated by a
vertical division termed common, party or lot line walls. Row/townhouse units
may not be enclosed on more than two sides by party or lot line walls and must
have permanent open space contiguous to no fewer than two sides. Units will
usually have private entrance and private interior stairs; (d) Walk-up – A multilevel structure of two or more living units which does not contain an elevator,
wth the units separated horizontally by floor and/or ceiling structural elements.
(Note: Structures containing 2 or more dwelling units, whether one story or
multi-story, which do not comply with the definitions herein of either a semidetached/row or an elevator structure, shall be classified as “walkup”). (e)
Elevator Structure – A dwelling structure, having four or more stories that
contains one or more elevators or any structure in which an elevator is required
by local code or the MPS.

Information for all stages must be submitted in triplicate.

Section D – Information Concerning Land or Property

HUD Field Office personnel will advise and assist sponsors and potential
sponsors at all stages in connection with the submission of applications.

In Item 3 insert any cost paid, or contracted, in addition to the stipulated
purchase price. If the proposed site will require demolition expense, or other
preparatory expense, this should be indicated and explained on an attached
sheet.

Application Completion Requirements For:
I. Insured: SAMA—Complete Page 1, in its entirety. Page 2, Complete only
Section G, Item 46, Land (Estimated Market Price of Site). Page 3, Sections K,
L and M.
Feasibility—A request for feasibility analysis (rehabilitation) must be submitted with this form completed in its entirety.
Conditional/Firm—A request for conditional or firm commitment must be
submitted with this form completed in its entirety.
II. Section 202 Direct Loan: This form must be complete in its entirety when
a conditional or firm commitment under the Section 202 direct loan program is
being requested.
III. Section 8: Preliminary Proposal—Complete Page 1 in its entirety, (indicate type of occupancy, i.e., Elderly (E), Handicapped (H) or Family (F) in
Section E, Unit Type). Page 2, Section G, Lines 46 and 47; Section I, Line 30.
Page 3, Section K (to extent known) and Section M, Item 2.
Final Proposal—Complete this form in its entirety except for Section L.
Section A – Identification
Item 1—Enter project name.
Items 2 and 3—Enter HUD project number for mortgage insurance and/or
Section 8, if known.
Section B – Purpose of Application
Indicate actions requested by checking all applicable blocks and/or making
entries where appropriate. For example, if an application is being submitted for
the first stage of an uninsured project with housing assistance payments under
Section 8, the Housing Assistance Payments Section 8 block will be checked
as well as blocks for “A Preliminary Proposal”, “Conventional Financing”, and
“Item 2 of Section M.” If mortgage insurance will eventually be used “Conventional Financing” is not checked, but instead the block “Mortgage Insurance” is
checked and the Section of Act entered in the blank space. In the Section 8
Preliminary Proposal stage do not check SAMA (Site Appraisal and Market
Analysis) or feasibility letter, unless SAMA letter or feasibility letter is requested at that time and the SAMA fee is paid. The appropriate block for type
of mortgagor (i.e. Profit Motivated, Nonprofit, Limited Dividend, Builder-Seller,
or Other) and type of financing (i.e. Conventional, GNMA, Bond, or State
Agency must be checked). Also, enter the amount of the requested Mortgage
and the Permanent and Construction Interest Rates in the appropriate spaces.
Section C – Location and Description of Property
Item 1— Enter the following, if applicable, in this order: number, direction of
address (i.e., North, South, etc. using standard abbreviations), street name (no
abbreviations), street type (i.e., St., Dr., Pl., etc. using standard abbreviations),
and post direction (i.e., NW, NE, SW, SE).

Previous editions are obsolete.

Item 9—If the proposed site is leased, indicate the dollar amount of annual
ground rental.
Section E – Estimate of Income
Item 1—Unit Type – The various unit types the proposal will have must be
listed in this column. Usually the distinction will be on the basis of number of
bedrooms and/or number of baths each unit will have. If there are units with the
same bedroom and bathroom count but significantly different living area, or
other characteristics, that would normally be reflected in rent differential, they
must be listed as a separate unit type. If there are both elevator and nonelevator units, a separate identification for unit type must be made for each.
Provision has been made for 5 different unit types. This can readily be doubled
by dividing each of the existing lines in half. In the rare instance where
additional space is needed, an additional page of another form HUD-92013 or
a plain paper listing all of the information shown in Section E for the additional
unit types must be attached. (Note: If an attachment is used, a remark
asterisked on the original form HUD-92013 must be made so that all parties
using the application would be aware that there is an attachment involved.)
Care must be exercised to ensure that excessive unit types are not created
on the basis of minor unit market characteristics, such as a difference of
only a few square feet between units that are otherwise the same.
No. of Living Units – Enter here, for each unit type, the number of that unit type
the project will have.
No. of Units Assisted – Show number of each unit type to receive Section 8
Housing Assistance Payments, if any.
Living Area (Sq. Ft.) is the area of each living unit measured from the inside
faces of corridor and exterior walls and from the inside faces of partitions
separating the living unit from other living or commercial areas.
Composition of Units – List here in abbreviated form, the rooms within each
unit type, (i.e., L for living room, D for dining room, K for kitchen, BR for
bedroom) (precede BR with number of bedrooms—e.g., 0BR, 1BR, or 2BR), B
for bath (precede the B with 1 for each full bath, a 1/2 for each halfbath, or any
combination appropriate), Bal. for balcony, etc.).
PBE Not In Rent (Sec. F-1) – Personal Benefit Expense (PBE), sometimes
referred to as a Utility Allowance in the Section 8 program, is an estimate of the
utilities or other expense to be paid by tenants that are not included in the
owner's monthly contract rent estimate. This estimate must be compatible with
the entries in Item F-1, Utilities (Not in Rent).
Unit Rent Per Mo. ($) – Enter here the proposed rent for each unit type. If
elevator units are involved, the issue of proposed rental difference per floor, if
appropriate for the market, must be addressed. Usually the midpoint rents in
a high-rise structure are reflected. The dollar difference per floor, if any, must
be communicated by the applicant.

Page 7 of 8

form HUD-92013 (07/2002)
ref. Handbook 4420.1

Total Monthly Unit Rent is the Unit Rent Per Month ($) times the No. of Living
Units of that type and represents the Gross Income that can be anticipated for
those units.
Employee(s) Living Unit(s) – List the number of employee living units for
which rental income will not be received, the square foot area of each unit, and
its unit composition. Employee living units must be included in the total units
for the project, since they affect project operating expense estimates.
Item 8—At SAMA or feasibility stage insert the estimated gross floor area
which is the sum of all floor areas of headroom height within the exterior walls.
When completing a request for Conditional or Firm Commitment, insert the
gross floor area computed from the plans.

Line 39—Builder's and Sponsor's Profit and Risk Allowance – This is based on
total estimated cost of on-site utilities, landscape work, structures, general
over-head expenses, architect's fees, carrying charges, financing, legal,
organization and audit expenses. It is allowable in 220, 221(d) (3) Limited
Distribution or profit-motivated, 221(d)(4), and 231 profit-motivated projects. It
is in lieu of, and not in addition to, builder's profit.
Line 40—Consultant's Fee, if any, enter amount to be charged the non-profit
sponsor by a qualified consultant.
Line 41—Supplemental Management Fund for subsidized living units only –
Allowance must not exceed $100 per assisted unit, excluding non-revenue
producing units, if any.

Items 9 and 10 – Net Rentable Residential Area/Net Rentable Commercial
Area is the sum of all living/commercial areas within the exterior walls,
measured from the interior faces of the exterior walls, corridor walls, and
partitions separating the area from other living or commercial areas. Existing
comparable structures should be used as a guide by the sponsor in making
these estimates at SAMA stage. At the Conditional or Firm Commitment
stages, these areas should be calculated from the floor plans.

Line 42—Contingency Reserve – An amount allowable for rehabilitation
projects only, not to exceed 10% of the sum of Line 11 in Section G.

Section G – Estimate of Replacement Cost

Section I – Estimate of Annual Expense

Line 1—Unusual Land Improvements – Enter cost for unusual site preparation
such as pilings, retaining walls, fill, etc.
Line 2—Other Land Improvements – Enter cost of other land improvements
such as on-site utilities, landscape work, drives and walks.
Line 10—General Requirements – See Uniform System for Construction
Specifications, Data Filing and Cost Accounting. Pages 1.3 and 1.4.
Line 21—Enter the estimated cost per gross square foot of building area (Line
20 divided by Item 8 of Section E, page 1).
Line 22—Enter the estimated period that will be reflected in the construction
contract. The construction time plus the two months equals the total estimated
“construction period”.
Line 23—Interest is the amount estimated to accrue during the anticipated
construction period. It is computed on one-half of the loan amount for new
construction and one-half of "as is" value for substantial rehabilitation.
Line 24—Taxes which accrue during the construction are estimated and
included as the tax amount.
Line 25—Insurance includes fire, windstorm, extended coverage, liability, and
other risks customarily insured against in the community. It does not include
workmen's compensation, or public liability insurance, which are included in
the cost estimate.
(Note: Lines 23, 26 through 31, and 39 are not applicable to Section 202 Capital
Advance applications.)
Line 26—HUD/FHA mortgage insurance premium is the amount to be earned
during the estimated construction period. The amount should be computed on
the requested loan amount at 1/2 of 1% per year or fraction of a year. If the
estimated construction period exceeds one year, the premium will be based on
a two-year period.
Line 27—HUD/FHA examination fee is computed at $3 per $1000 of the
requested loan amount.
Line 28—HUD/FHA inspection fee is computed at $5 per $1000 of the
requested loan amount when the project involves new construction, and on the
estimated cost of rehabilitation when the project involves the rehabilitation of
an existing structure.

Line 46—Land (Estimated Market Price of Site) – Enter sponsor's estimate of
market price of site including off-site costs. If site was purchased from public
body, for a specific re-use, enter purchase price plus holding cost and any other
cost that the purchaser is required to pay, pursuant to specific conditions of the
contract of sale. For Rehabilitation interline the “As Is” Value of Property.

Line 13—Other – Reflect expense not specifically listed, such as, project
secur-ity. Contract Security if provided should include contract guard service,
performed either part or full-time, in connection with project operation. If
security services are performed by staff employees, their salaries are included
under Line 12, Payroll expense.
In housing for the Elderly, Line 23, will include only the expenses resulting from
supplying tenants with shelter and utilities included in the rent. Separate
income and expense budgets for supplying tenants with non-shelter services
must be shown on Form HUD-92013-E, supplement to this application and
used with all Elderly/Handicapped Housing proposals.
Section J – Total Settlement Requirements
Line 2—Enter amount required to clear title to site. If land is to be acquired, the
unpaid balance of the purchase price shall be entered. If leasehold, or land
owned free and clear of encumbrances, enter “none.” Indebtedness against
land must be supported by options, purchase agreements, pay-off balances,
etc.
Line 3—Enter the sum of “Development Cost” and “Land Indebtedness.”
Line 4—Enter principal amount of mortgage requested.
Line 6—Enter the amount required to meet operating and debt service expense
from project completion until such time as income is adequate to provide a selfsustaining operation.
Line 7—Enter discount to be paid for placement of the permanent mortgage as
well as any discount required by the construction lender.
Line 8—Enter the maximum interest yield cost.
Line 9—Enter 2 percent of the mortgage amount requested. No entry is
required for nonprofit mortgagors.
Line 10—Enter one-half of one percent (0.5%) of the total loan requested or
$10,000, whichever is the lesser.
Line 11—Enter the cost of required improvements beyond property lines, such
as streets and utilities, etc., which will not be installed at public or utility
company expense.

Line 29—Financing fee is computed at a maximum of 2% on the loan amount.
It is an initial service charge. This fee is not to be confused with discounts.

Line 12—Enter relocation expenses in excess of amount allowed in replacement cost.

Line 30—Enter FNMA/GNMA fee here. HUD Field Office personnel will advise
interested sponsors and mortgagees of the current maximum allowable rate for
this fee and the conditions pursuant to which such fee may be included.

Line 15—Enter principal(s) cash contribution.

Line 31—AMPO is the Allowance to Make Project Operational and is computed
at 2% of the maximum Mortgage insurance amount. It is allowable in cases
involving nonprofit mortgagors (not including cooperative mortgagors).
Line 33—Title and Recording Expenses – This is the cost typically incurred for
these items, by mortgagor, in connection with a mortgage transaction. This
cost generally includes such items as recording fees, mortgage and stamp
taxes, cost of survey, and title insurance including all title work involved
between initial and final endorsement.
Lines 35, 36 and 37—Legal, Organizational and Cost Certification Audit Fee
– This estimate is to be based upon the typical cost usually incurred for these
services in the area where the project is to be located. These items must be
recorded separately.

Previous editions are obsolete.

Line 13—Other – Enter any and all cost not identified elsewhere.
Line 16—Identify fees waived or deferred during construction or paid by means
other than cash, i.e., BSPRA, builder's profit; identify grants/loans and the
respective amounts.
Section K--Principal Participants
Items 1 through 6--For individuals, enter last name, first name, middle initial.
When entering business names, avoid using abbreviations if possible. Follow
the instructions for Item 1 in Section C when entering address information. The
Social Security Number (SSN) is applicable for all individuals and the Employer
Identification Number (EIN) for all businesses. Providing the SSN is mandatory
for the sponsor, mortgagor, borrower, and the owner. Providing the SSN for all
other participants is voluntary.

Page 8 of 8

form HUD-92013 (07/2002)
ref. Handbook 4420.1